Nickel ETN Surges as Russia Sanctions Exacerbate Already Low Supplies
4/3 22:43
A nickel-related exchange traded fund is strengthening on Friday, with nickel prices breaking above $30,000 for the first time since 2008, as the intensifying conflict between Russia and Ukraine puts the industrial metal’s supply outlook at risk. The iPath Series B Bloomberg Nickel Subindex Total Return ETN (NYSEArca: JJN) jumped 6.5% on Friday. Meanwhile, nickel [...] Read more at ETFtrends.com....